The IMF updates global standards to turn on the crypt in the balance of payments

The International Monetary Fund (IMF) remonted its payment balance payments to reflect the growing influence of digital assets.

According to the newly lift payment manual, the seventh edition (Bpm7), cryptocurrency like Bitcoin (Btc) They are now classified as inactive non-financial assets, while certain tokens are treated similarly to capital farms.

The updated manual, published 20. Marta, indicates the first time that the IMF integrated detailed guidelines for digital assets in its global statistical standards.

Cripto without obligations

The frame shares digital property suffocated and non-meaningful tokens, with further differences based on whether they have appropriate responsibility.

Bitcoin and similar tokens without obligations are categorized as capital funds, while stablecoins, which are supported by obligations, are treated as financial instruments.

According to the IMF:

“CRIPTO assets without liability designed to act as a medium of exchange (eg Bitcoin) is treated as non-manufactured non-financial assets and recorded separately in a capital account.”

In practice, this means that cross-border crypto flows that include property such as Bitcoin will be recorded in capital accounts as acquisitions or disposal of non-produced assets.

Meanwhile, tokens with a protocol or platform – such as Etherum or Solana (Salt) – It can be classified as capital funds under the financial account if their owner lives in another country from the originator.

For example, if the investor in the UK holds Solana tokenes issued from the United States, the position would be recorded as “capital cryptic funds”, a parallel traditional foreign investment in foreign equality.

The IMF notes that such assets, despite the reliance on cryptography, are considered comparable with standard capital in terms of property rights.

Putting and validation services

Kmemini on the complexity of hugs and portable crypts, the IMF also stated that the placing the award for the maintenance of these tokens could be reminded of dividend in equity and should be recorded in accordance with applicable income and purpose.

The manual is a conceptual shift for countries compiling macroeconomic statistics, aimed at improving visibility into the economic impact of digital assets and related services.

Transactions involving the transfer of crupto funds – such as mining or placing – should be treated as services, adding them to export and import computer services.

The BPM7 manual was developed through global consultations involving over 160 countries and are expected to direct official statistics for years.

Although implementation will vary the competence, the IMF movement indicates a significant step towards recognizing the macroeconomic relevance of digital assets in standardized and globally comparable format.

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